If Successful, Pantera ICO Fund LP Will Be the World’s First ICO Hedgefund

Pantera Capital is hoping to become the first bitcoin investment firm to offer an ICO hedgefund. The Pantera ICO Fund LP plans to offer investors a diversified and third-party managed means to speculate on upcoming initial coin offerings, claiming to mitigate much of the risk associated with investing in pre-market cryptocurrency projects.

Pantera Capital was formed in 2013, comprising the first US-based bitcoin investment firm. The company has invested in numerous cryptocurrency heavyweights, including blockchain-based remittance